Title to the Purchased Assets. Subject to the terms of the Sale Order, upon consummation of the transactions contemplated hereby, including the transfer or reissuance of the Transferred Permits and Licenses as contemplated by Section 7.03, Buyer and/or the relevant Designated Buyers will have acquired good and marketable title in and to, or a valid leasehold interest in, each of the Purchased Assets, free and clear of all Encumbrances, except for Permitted Encumbrances. To the Knowledge of the Sellers, there are no unrecorded Encumbrances relating to the Purchased Real Property other than Permitted Encumbrances.
Appears in 2 contracts
Samples: Asset Purchase Agreement (James River Coal CO), Asset Purchase Agreement (James River Coal CO)
Title to the Purchased Assets. (a) Subject to the terms of the Sale Confirmation Order, upon consummation of the transactions contemplated hereby, including the transfer or reissuance of the Transferred Permits and Permits/Licenses as contemplated by Section Section 7.03, Buyer and/or the relevant Designated Buyers will have acquired good and marketable title in and to, or a valid leasehold interest in, each of the Purchased Assets, free and clear of all Encumbrances, except for Permitted Encumbrances. To the Knowledge of the Sellers, there There are no material unrecorded Encumbrances relating to the Purchased Real Property other than Permitted Encumbrances.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Contura Energy, Inc.), Asset Purchase Agreement (Contura Energy, Inc.)
Title to the Purchased Assets. (a) Subject to the terms of the Sale Confirmation Order, upon consummation of the transactions contemplated hereby, including the transfer or reissuance of the Transferred Permits and Permits/Licenses as contemplated by Section 7.03, Buyer and/or the relevant Designated Buyers will have acquired good and marketable title in and to, or a valid leasehold interest in, each of the Purchased Assets, free and clear of all Encumbrances, except for Permitted Encumbrances. To the Knowledge of the Sellers, there There are no material unrecorded Encumbrances relating to the Purchased Real Property other than Permitted Encumbrances.
Appears in 1 contract
Samples: Asset Purchase Agreement (Alpha Natural Resources, Inc.)